THE OTAGO LAND COMPANY.

Kumara Times, Issue 937, 1 October 1879, Page 2

THE OTAGO LAND COMPANY.

In his last speech in Christchurch Sir G. Grey made the following reference to the Otago' Land Gonipany, recently floated in London by Sir Julius Vogel and Mr Larnack:— There was a new land 1 compatiy started in Dunedin, with a very powerful board of directors—a board of directors so powerful that no one' dared hardly oppose them. This board of directors led a large number of people' entirely, to Use a vulgar expression by the hose; and they did not hesitate in' London' (two great public officers of New Zealand): to put forward that they had selected large quantities of freehold land, and these' freehold lands' have' been so selected that they surabundleasehold lands. The leaseholcr lands* consisted of 141,000 and some odd hundred acres,- it being of excellent quality’ for pasture; and to'prevent competition' these leasehold land's Were' to be shut up on many ways! Now,’ to take freehold land,- in that way whs perpetrating

Mgross fraud upon the community at large. [Hear, hear] He. said if public opinion had not been 'hardened, such things would not be permitted. It was bnly by appealing to the people that public opinion could be brought to a proper states— that what was wrong should Ibe Called wrong, arid that what ought xlot to be done should be disapproved of, and that men who formed a clique aha encouraged on'e another by Conversation and talk should no longer be allowed to obtain such enormous advantage over their fellowcoutttrymetii The Only mode to stop sdch things would be to have more frequent appeals to the people. They would then have an opportunity of hdlditig their own against cliques which nibstiiivariat)ly be found in Houses of Parliament, one body of which is nominated and the other continues five years in office.” Fof remainder of news see last page.